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Comparative financial statements for Weaver Company follow: During this year, Weaver sold some equipment for $ 2 0 that had cost $ 4 0 and
Comparative financial statements for Weaver Company follow: During this year, Weaver sold some equipment for $ that had cost $ and on which there was accumulated depreciation of $ In addition, the company sold longterm investments for $ that had cost $ when purchased several years ago. Weaver paid a cash dividend and repurchased $ of its own stock but did not retire any bonds. Prepare a statement of cash flows for this year. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. tableWeaver CompanyStatement of Cash FlowsFor This Year Ended December Operating activitles:Investing activities:Additions to property, plant, and equipmentProceeds from sale of equipmentProceeds from sale of longterm investmentsNet cash used in investing activilies,Financing activities:Repurchase of common slockIssuance of bonds payableCash dividends paldNet cash used in financing activities,Net decrease in cash and cash equivalents,Beginning cash and cash equivalentsEnding cash and cash equivalents,$
Comparative financial statements for Weaver Company follow:
During this year, Weaver sold some equipment for $ that had cost $ and on which there was accumulated depreciation of $ In addition, the company sold longterm investments for $ that had cost $ when purchased several years ago. Weaver paid a cash dividend and repurchased $ of its own stock but did not retire any bonds.
Prepare a statement of cash flows for this year.
Note: Cash outflows and amounts to be deducted should be indicated with a minus sign.
tableWeaver CompanyStatement of Cash FlowsFor This Year Ended December Operating activitles:Investing activities:Additions to property, plant, and equipmentProceeds from sale of equipmentProceeds from sale of longterm investmentsNet cash used in investing activilies,Financing activities:Repurchase of common slockIssuance of bonds payableCash dividends paldNet cash used in financing activities,Net decrease in cash and cash equivalents,Beginning cash and cash equivalentsEnding cash and cash equivalents,$
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